Tata Steel India s Q2 sales up 3.24%
According to Tata Steel India sales during the period under review grew to 3.18 MT (provisional) from an off-take of 3.08 MT (actual) in Q2 of 2017-18.
"Q2FY19 production was higher mainly due to better plant availability; sales increased 7 per cent QoQ (quarter-on-quarter) with higher demand pull from market " Tata Steel said in a statement on Monday.
"Automotive and special products sales grew by 17 per cent YoY (year-on-year) to 552 KT (kilotonnes) in Q2FY19 mainly driven by higher demand from auto sector."
--IANS ravi-rv/prs